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Kent Lake Issues Letter to Quanterix Shareholders Regarding Opposition to the Company's Proposed Merger with Akoya Biosciences

1. Kent Lake opposes Akoya's merger with Quanterix, claiming it undervalues the company.

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FAQ

Why Bearish?

Opposition to the merger suggests potential challenges ahead, similar to past failed mergers.

How important is it?

The opposition indicates significant concerns regarding Akoya's valuation and merger feasibility.

Why Short Term?

Immediate market reactions are likely due to merger concerns and shareholder sentiments.

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QTRX
RINCON, Puerto Rico--(BUSINESS WIRE)--Kent Lake PR LLC (“Kent Lake”), a holder of 5.9% of the outstanding common stock of Quanterix Corporation (“Quanterix” or the “Company”) (NASDAQ: QTRX), today highlighted its opposition to the Company's proposed merger (the “Merger”) with Akoya Biosciences (“Akoya”) (NASDAQ: AKYA). Kent Lake has also issued an open letter to all Quanterix shareholders outlining how the Merger significantly undervalues the Company and its intention to take all necessary step.

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